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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
ENERGY
- EU energy ministers are meeting today to attempt to come to an agreement on various measures including joint gas purchase, faster permitting of renewables and ways to limit price volatility. The European Commission yesterday proposed a cap of ‘last resort’ with a high cap price of 275€/MWh.
- EU are also expected to continue oil price cap discussions with a G7 announcement waiting on an EU agreement.
- The updated Insights Global European ARA product inventories will be released today. ARA Gasoil stocks were well below normal at 1.694m mt last week compared to the 5-year average for this time of year of 2.16m mt. ARA Gasoline stocks were last week up at 1.27m mt compared to an average of 0.98m mt for this time of year.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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